United Co. Rusal, the aluminum giant led by billionaire Oleg Deripaska, is laying the groundwork for the biggest Russian share sale since the Crimean crisis.
Rusal’s executives and bankers have discussed selling up to a 20 percent stake, representing about $1.7 billion, in London, according to two people familiar with the matter. If successful, it would be the surest sign that international investors are losing their post-sanctions inhibitions about Russia.
